C 
Cheng Shin Rubber Ind. Co 2105.TW · TWD
Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan
29.65
-1.33%
Close of 9 Nov 2026, in TWD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 90.78bn
FY2016FY2025
Net income
TWD 4.84bn
FY2016FY2025
Free cash flow
TWD 10.71bn
FY2016FY2025
Shareholders' equity
TWD 86.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 90.78bn | TWD 96.25bn | TWD 96.20bn | TWD 98.62bn | TWD 101.54bn | TWD 96.21bn | TWD 109.51bn | TWD 109.22bn | TWD 112.31bn | TWD 117.39bn |
| Gross profit | TWD 20.63bn | TWD 23.24bn | TWD 23.29bn | TWD 20.98bn | TWD 22.39bn | TWD 23.99bn | TWD 23.96bn | TWD 24.32bn | TWD 25.68bn | TWD 36.29bn |
| Research and development | TWD 3.67bn | TWD 3.71bn | TWD 3.75bn | TWD 3.94bn | TWD 4.36bn | TWD 4.58bn | TWD 5.15bn | TWD 5.33bn | TWD 5.09bn | TWD 4.83bn |
| Operating income | TWD 7.16bn | TWD 10.00bn | TWD 10.88bn | TWD 7.75bn | TWD 7.69bn | TWD 9.18bn | TWD 7.55bn | TWD 7.42bn | TWD 8.40bn | TWD 18.67bn |
| Net income | TWD 4.84bn | TWD 8.02bn | TWD 7.18bn | TWD 4.96bn | TWD 5.27bn | TWD 5.99bn | TWD 3.47bn | TWD 3.52bn | TWD 5.54bn | TWD 13.25bn |
| Diluted earnings per share | 1.50 | 2.47 | 2.21 | 1.53 | 1.61 | 1.84 | 1.09 | 1.08 | 1.74 | 4.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 142.88bn | TWD 146.25bn | TWD 141.59bn | TWD 145.88bn | TWD 149.72bn | TWD 151.33bn | TWD 164.04bn | TWD 174.76bn | TWD 179.08bn | TWD 168.16bn |
| Cash and short-term investments | TWD 38.77bn | TWD 31.20bn | TWD 25.67bn | TWD 21.93bn | TWD 25.97bn | TWD 19.14bn | TWD 25.53bn | TWD 27.84bn | TWD 30.99bn | TWD 29.03bn |
| Total liabilities | TWD 55.35bn | TWD 55.88bn | TWD 55.59bn | TWD 61.50bn | TWD 68.24bn | TWD 70.35bn | TWD 86.07bn | TWD 94.94bn | TWD 96.19bn | TWD 79.90bn |
| Debt | TWD 37.94bn | TWD 38.04bn | TWD 37.27bn | TWD 43.35bn | TWD 48.80bn | TWD 49.14bn | TWD 65.26bn | TWD 72.90bn | TWD 72.87bn | TWD 55.88bn |
| Shareholders' equity | TWD 86.98bn | TWD 89.81bn | TWD 85.43bn | TWD 83.81bn | TWD 80.92bn | TWD 80.44bn | TWD 77.40bn | TWD 79.19bn | TWD 82.21bn | TWD 87.49bn |
| Shares outstanding | 3,224m | 3,246m | 3,249m | 3,249m | 3,279m | 3,261m | 3,180m | 3,251m | 3,186m | 3,249m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 13.64bn | TWD 17.69bn | TWD 21.21bn | TWD 14.52bn | TWD 15.50bn | TWD 18.40bn | TWD 18.29bn | TWD 14.85bn | TWD 8.90bn | TWD 27.26bn |
| Capital spending | −TWD 2.93bn | −TWD 2.74bn | −TWD 3.17bn | −TWD 3.32bn | −TWD 4.47bn | −TWD 6.63bn | −TWD 8.66bn | −TWD 12.67bn | −TWD 13.95bn | −TWD 14.04bn |
| Free cash flow | TWD 10.71bn | TWD 14.96bn | TWD 18.04bn | TWD 11.20bn | TWD 11.02bn | TWD 11.77bn | TWD 9.63bn | TWD 2.18bn | −TWD 5.05bn | TWD 13.22bn |
| Dividends paid | −TWD 7.78bn | −TWD 6.51bn | −TWD 4.54bn | −TWD 3.89bn | −TWD 3.89bn | −TWD 3.24bn | −TWD 3.57bn | −TWD 5.83bn | −TWD 9.72bn | −TWD 9.72bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 25.19bn | TWD 23.43bn | TWD 20.96bn | TWD 23.67bn | TWD 22.99bn | TWD 23.16bn | TWD 22.77bn | TWD 25.50bn |
| Gross profit | TWD 6.23bn | TWD 5.80bn | TWD 4.79bn | TWD 5.54bn | TWD 5.02bn | TWD 5.29bn | TWD 4.76bn | TWD 6.20bn |
| Operating income | TWD 2.51bn | TWD 2.32bn | TWD 1.42bn | TWD 2.06bn | TWD 1.75bn | TWD 1.93bn | TWD 1.49bn | TWD 2.71bn |
| Net income | TWD 1.55bn | TWD 1.86bn | TWD 842.1m | TWD 1.64bn | TWD 905.3m | TWD 1.45bn | TWD 1.11bn | TWD 2.33bn |
| Diluted earnings per share | 0.48 | 0.57 | 0.26 | 0.51 | 0.28 | 0.45 | 0.34 | 0.72 |
| Cash from operations | TWD 4.50bn | TWD 3.85bn | TWD 3.74bn | TWD 2.99bn | TWD 5.26bn | TWD 1.66bn | TWD 3.76bn | TWD 4.85bn |
| Capital spending | −TWD 573.0m | −TWD 889.0m | −TWD 758.0m | −TWD 662.0m | −TWD 790.0m | −TWD 737.0m | −TWD 737.0m | −TWD 767.0m |
| Free cash flow | TWD 3.93bn | TWD 2.96bn | TWD 2.98bn | TWD 2.33bn | TWD 4.47bn | TWD 921.0m | TWD 3.02bn | TWD 4.08bn |
| Total assets | TWD 148.48bn | TWD 146.93bn | TWD 142.88bn | TWD 138.91bn | TWD 136.45bn | TWD 146.89bn | TWD 146.25bn | TWD 145.78bn |
| Cash and short-term investments | TWD 45.92bn | TWD 42.36bn | TWD 38.77bn | TWD 30.15bn | TWD 32.24bn | TWD 32.33bn | TWD 31.20bn | TWD 29.09bn |
| Debt | TWD 7.16bn | TWD 37.67bn | TWD 38.06bn | TWD 39.12bn | TWD 34.61bn | TWD 36.33bn | TWD 37.97bn | TWD 37.26bn |
| Shareholders' equity | TWD 87.12bn | TWD 84.86bn | TWD 86.98bn | TWD 82.10bn | TWD 77.38bn | TWD 85.10bn | TWD 89.81bn | TWD 89.35bn |
Financial ratios
Data as of 9 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.7% | 24.2% | 24.2% | 21.3% | 22.0% | 24.9% |
| Operating margin | 7.9% | 10.4% | 11.3% | 7.9% | 7.6% | 9.5% |
| Net margin | 5.3% | 8.3% | 7.5% | 5.0% | 5.2% | 6.2% |
| Return on equity | 5.6% | 8.9% | 8.4% | 5.9% | 6.5% | 7.4% |
| Return on assets | 3.4% | 5.5% | 5.1% | 3.4% | 3.5% | 4.0% |
| Free cash flow yield | 16.7% | 20.4% | 24.4% | 17.8% | 19.8% | 24.9% |
| Revenue growth | -5.7% | 0.0% | -2.5% | -2.9% | 5.5% | -12.1% |
| Earnings growth | -39.7% | 11.6% | 44.8% | -5.9% | -12.0% | 72.7% |
| Current ratio | 3.19x | 2.48x | 2.90x | 1.97x | 1.69x | 1.54x |
| Debt to equity | 0.44x | 0.42x | 0.43x | 0.52x | 0.60x | 0.61x |
| Equity ratio | 60.9% | 61.4% | 60.3% | 57.5% | 54.0% | 53.2% |
| Interest coverage | 9.11x | 10.62x | 9.24x | 9.94x | 14.49x | 8.95x |
| R&D as a share of sales | 4.0% | 3.8% | 3.9% | 4.0% | 4.3% | 4.8% |
| Buybacks as a share of market value | 0.7% | 0.1% | 0.0% | 0.9% | -0.5% | -2.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.7% | -1.2% | -2.5% |
| Operating income | -2.6% | -4.9% | -9.1% |
| Net income | -0.9% | -4.2% | -9.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.5% | 23.1% | 23.2% | 24.5% |
| Operating margin | 9.2% | 9.4% | 9.1% | 9.9% |
| Net margin | 6.9% | 6.5% | 6.3% | 6.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.7 | 19.9 | 20.3 | 22.2 | 22.5 | 24.0 | 38.3 | 37.7 | 30.2 | 14.9 |
| Price to sales | 1.1 | 1.6 | 1.5 | 1.1 | 1.2 | 1.5 | 1.2 | 1.2 | 1.5 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 27 years. Last went ex-dividend on 17 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.80 | 2.40 | 2.00 | 1.40 | 1.20 | 1.20 | 1.00 | 1.10 |
- 1.15-for-1 split · 2 Aug 2013
- 57-for-50 split · 3 Aug 2012
- 6-for-5 split · 4 Aug 2011
- 5-for-4 split · 4 Aug 2010
- 11-for-10 split · 4 Aug 2009
- 1.15-for-1 split · 7 Aug 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.